Gary H. Burner, Chief Financial Officer, Federal Financing Bank (FFB) announced the following activity for the month of July 2011.

FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $55.7 billion on July 31, 2011, posting an increase of $348.9 million from the level on June 30, 2011. This net change was the result of a decrease in net holdings of agency debt of $408.5 million and an increase in net holdings of government-guaranteed loans of $757.4 million. The FFB made 127 disbursements and received 11 prepayments in the month of July. The FFB also reset the interest rate for one loan guaranteed by the Department of Education and 13 loans issued by the HOPE for Homeowners program during the month.

Attached to this release are tables presenting FFB July loan activity and FFB holdings as of July 31, 2011.

FEDERAL FINANCING BANK
JULY 2011 ACTIVITY

Amount

Final

Interest

Borrower

Date

of Advance

Maturity

Rate

AGENCY DEBT

U.S. POSTAL SERVICE

U.S. Postal Service

7/01

$1,580,000,000.00

7/05/11

0.135%

S/A

U.S. Postal Service

7/01

$395,400,000.00

7/05/11

0.135%

S/A

U.S. Postal Service

7/05

$1,348,000,000.00

7/06/11

0.135%

S/A

U.S. Postal Service

7/05

$371,300,000.00

7/06/11

0.135%

S/A

U.S. Postal Service

7/06

$1,041,000,000.00

7/07/11

0.135%

S/A

U.S. Postal Service

7/06

$296,000,000.00

7/07/11

0.135%

S/A

U.S. Postal Service

7/07

$904,000,000.00

7/08/11

0.135%

S/A

U.S. Postal Service

7/07

$239,700,000.00

7/08/11

0.156%

S/A

U.S. Postal Service

7/08

$1,900,000,000.00

7/11/11

0.135%

S/A

U.S. Postal Service

7/08

$288,900,000.00

7/11/11

0.156%

S/A

U.S. Postal Service

7/11

$2,100,000,000.00

7/12/11

0.156%

S/A

U.S. Postal Service

7/11

$275,500,000.00

7/12/11

0.145%

S/A

U.S. Postal Service

7/12

$1,889,000,000.00

7/13/11

0.156%

S/A

U.S. Postal Service

7/12

$260,200,000.00

7/13/11

0.135%

S/A

U.S. Postal Service

7/13

$800,000,000.00

9/15/11

0.148%

S/A

U.S. Postal Service

7/13

$300,000,000.00

9/15/11

0.148%

S/A

U.S. Postal Service

7/13

$700,000,000.00

7/14/11

0.145%

S/A

U.S. Postal Service

7/13

$230,000,000.00

7/14/11

0.135%

S/A

U.S. Postal Service

7/14

$500,000,000.00

7/15/11

0.135%

S/A

U.S. Postal Service

7/14

$265,700,000.00

7/15/11

0.135%

S/A

U.S. Postal Service

7/15

$2,548,000,000.00

7/18/11

0.135%

S/A

U.S. Postal Service

7/15

$293,500,000.00

7/18/11

0.145%

S/A

U.S. Postal Service

7/18

$2,362,000,000.00

7/19/11

0.135%

S/A

U.S. Postal Service

7/18

$290,900,000.00

7/19/11

0.135%

S/A

U.S. Postal Service

7/19

$2,100,000,000.00

7/20/11

0.145%

S/A

U.S. Postal Service

7/19

$309,800,000.00

7/20/11

0.145%

S/A

U.S. Postal Service

7/20

$1,944,000,000.00

7/21/11

0.135%

S/A

U.S. Postal Service

7/20

$306,600,000.00

7/21/11

0.135%

S/A

U.S. Postal Service

7/21

$1,786,000,000.00

7/22/11

0.145%

S/A

U.S. Postal Service

7/21

$298,900,000.00

7/22/11

0.166%

S/A

U.S. Postal Service

7/22

$2,818,000,000.00

7/25/11

0.135%

S/A

U.S. Postal Service

7/22

$318,400,000.00

7/25/11

0.176%

S/A

U.S. Postal Service

7/25

$3,054,000,000.00

7/26/11

0.166%

S/A

U.S. Postal Service

7/25

$294,600,000.00

7/26/11

0.176%

S/A

U.S. Postal Service

7/26

$2,875,000,000.00

7/27/11

0.176%

S/A

U.S. Postal Service

7/26

$274,500,000.00

7/27/11

0.196%

S/A

U.S. Postal Service

7/27

$2,717,000,000.00

7/28/11

0.176%

S/A

U.S. Postal Service

7/27

$324,600,000.00

7/28/11

0.206%

S/A

U.S. Postal Service

7/28

$2,568,000,000.00

7/29/11

0.196%

S/A

U.S. Postal Service

7/28

$291,800,000.00

7/29/11

0.227%

S/A

U.S. Postal Service

7/29

$3,219,000,000.00

8/01/11

0.206%

S/A

U.S. Postal Service

7/29

$264,400,000.00

8/01/11

0.298%

S/A

HOPE FOR HOMEOWNERS

*HOPE Bonds

7/15

$29,535,000.00

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$62,028.36

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$1,084,546.89

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$145,483.86

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$209,680.01

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$461,000,000.00

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$226,957.01

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$89,335.75

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$61,915.09

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$198,881.68

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$189,973.48

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$183,417.52

10/17/11

0.010%

Qtr.

*HOPE Bonds

7/15

$178,609.95

10/17/11

0.010%

Qtr.

HOPE Bonds

7/15

$88,526.63

10/17/11

0.010%

Qtr.

GOVERNMENT-GUARANTEED LOANS

DOE-ADV TECHNOLOGY VEHICLES MFG

Ford Motor Company

7/26

$131,300,000.00

6/15/22

2.245%

Qtr.

Ford Motor Company

7/26

$31,500,000.00

6/15/22

2.245%

Qtr.

DOE-SECTION 1705 (RECOVERY)

Solyndra

7/14

$2,965,920.08

8/15/16

0.885%

Qtr.

Abound Solar Mfg.

7/15

$12,490,856.00

3/09/22

2.777%

Qtr.

Kahuku Wind Power

7/28

$69,455.34

6/28/28

3.000%

Qtr.

Solar Partners VIII

7/28

$22,134,268.82

10/27/38

4.194%

S/A

Solar Partners I

7/28

$25,917,004.50

6/27/33

3.924%

S/A

Solar Partners II

7/28

$29,398,669.49

3/01/38

4.133%

S/A

Beacon

7/29

$147,672.73

6/17/30

3.074%

Qtr.

GENERAL SERVICES ADMINISTRATION

San Francisco Bldg Lease

7/07

$124,357.26

8/01/35

3.802%

S/A

DEPARTMENT OF EDUCATION

*Clark Atlanta University

7/01

$9,256,385.32

1/03/12

0.105%

S/A

Bennett College

7/11

$519,269.32

10/02/28

3.809%

S/A

Harris Stowe State Univ.

7/19

$1,390,241.61

7/02/40

3.888%

S/A

RURAL UTILITIES SERVICE

Beartooth Elec. Coop. #2462

7/01

$250,000.00

12/31/42

3.995%

Qtr.

Caddo Elec. Coop. #2904

7/01

$6,275,000.00

1/02/46

4.075%

Qtr.

Frontier Power #2710

7/01

$1,761,000.00

12/31/43

4.023%

Qtr.

GOLDEN VALLEY ASSOC. #2755

7/01

$14,142,000.00

1/03/40

3.894%

Qtr.

Kennebec Telephone #2293

7/01

$89,428.00

12/31/25

2.869%

Qtr.

Menard Elec. #2605

7/01

$1,000,000.00

10/01/18

2.478%

Qtr.

Osage Valley Elec Coop #2949

7/01

$6,400,000.00

1/02/46

3.911%

Qtr.

Partner Communications #2679

7/01

$1,400,000.00

1/03/28

3.162%

Qtr.

Range Telephone #2783

7/01

$584,000.00

1/03/28

3.173%

Qtr.

Wild Rice Elec. #2595

7/01

$1,000,000.00

12/31/43

4.023%

Qtr.

Central Power Elec. #2529

7/05

$9,389,000.00

1/03/12

0.105%

Qtr.

East Texas Elec Coop Inc #2954

7/05

$129,516,740.00

12/31/40

3.960%

Qtr.

Hawkeye Tri-County Elec. #2930

7/05

$3,258,000.00

1/02/46

3.931%

Qtr.

Howard Electric #2797

7/05

$1,200,000.00

9/30/21

3.139%

Qtr.

Northeast Texas Electric #2955

7/05

$90,171,402.00

12/31/40

3.960%

Qtr.

Washington Electric #2559

7/05

$1,230,000.00

12/31/43

3.874%

Qtr.

Covington Electric Coop. #2490

7/06

$8,000,000.00

1/03/39

3.848%

Qtr.

Consolidated Tel. Co. #2774

7/07

$2,100,000.00

9/30/27

3.260%

Qtr.

C & L Electric #2935

7/08

$6,000,000.00

1/02/46

4.066%

Qtr.

Baltic Telecom Coop. #810

7/11

$772,529.00

12/31/19

1.793%

Qtr.

Ozark Electric #2918

7/11

$2,500,000.00

1/02/46

3.955%

Qtr.

Sumter Elec. #2823

7/11

$2,500,000.00

1/03/45

3.928%

Qtr.

Canoochee Elec. #2514

7/12

$1,600,000.00

12/31/42

3.789%

Qtr.

Carroll Elec Coop Corp #2922

7/12

$16,500,000.00

1/02/46

3.873%

Qtr.

Chariton Valley #2828

7/12

$2,000,000.00

1/03/45

3.847%

Qtr.

Cherry-Todd Electric #2721

7/12

$1,438,000.00

12/31/43

3.818%

Qtr.

Cullman Electric Coop. #2406

7/12

$5,000,000.00

12/31/37

3.594%

Qtr.

FEM Electric #2925

7/12

$1,075,000.00

1/02/46

3.873%

Qtr.

Fleming-Mason Energy #2515

7/12

$2,000,000.00

1/03/12

0.066%

Qtr.

Holmes-Wayne Elec. #2859

7/12

$2,000,000.00

1/02/46

3.873%

Qtr.

Indian Electric #2583

7/12

$7,000,000.00

12/31/43

3.818%

Qtr.

Excelsior Elec. #2541

7/14

$2,600,000.00

12/31/43

3.784%

Qtr.

Plumas-Sierra Elec. #2742

7/14

$2,262,603.00

1/03/45

3.642%

Qtr.

E. Iowa Coop. #2808

7/18

$10,000,000.00

12/31/43

3.858%

Qtr.

Fox Islands Elec. Coop. #2702

7/18

$90,000.00

1/03/45

3.884%

Qtr.

Lewis County RECA #2832

7/18

$1,000,000.00

12/31/41

3.795%

Qtr.

Randolph Electric #2907

7/18

$7,900,000.00

1/03/12

0.046%

Qtr.

West Central Electric #2441

7/18

$950,000.00

1/03/12

0.046%

Qtr.

Washington Electric #2809

7/18

$500,000.00

1/03/45

3.886%

Qtr.

Bartlett Elec. #2469

7/21

$373,500.00

12/31/42

3.825%

Qtr.

Bartlett Elec. #2824

7/21

$694,164.06

1/03/45

3.885%

Qtr.

Meade County Elec. #2843

7/21

$5,000,000.00

12/31/12

0.283%

Qtr.

Grundy Elec. Coop. #2944

7/22

$350,000.00

1/03/12

0.083%

Qtr.

Lackawaxen Tel. Ser. Inc #2281

7/22

$482,000.00

6/30/21

2.152%

Qtr.

Planters Electric #2888

7/22

$4,000,000.00

1/03/45

3.947%

Qtr.

Sedgwick County Elec. #2811

7/22

$1,000,000.00

1/03/45

3.945%

Qtr.

Tri-State #2298

7/22

$19,474,000.00

12/31/37

3.687%

Qtr.

Tri-State #2606

7/22

$75,000.00

1/03/40

3.776%

Qtr.

Trico Electric Coop. #2402

7/22

$15,000,000.00

12/31/36

3.638%

Qtr.

Benton Rural Electric #2752

7/25

$700,000.00

1/03/45

3.893%

Qtr.

Lumbee River Elec. #2363

7/25

$10,000,000.00

12/31/42

3.836%

Qtr.

Lyon-Lincoln Electric #2813

7/25

$2,600,000.00

1/03/45

3.895%

Qtr.

South Miss. Elec. #2714

7/25

$41,600,000.00

12/31/40

3.766%

Qtr.

Victory Electric #2510

7/25

$2,329,350.00

12/31/42

3.836%

Qtr.

Victory Electric #2551

7/25

$1,664,200.00

12/31/37

3.637%

Qtr.

Western Indiana #2367

7/25

$1,000,000.00

12/31/42

3.836%

Qtr.

West River Elec. #2731

7/25

$6,602,000.00

1/03/45

3.893%

Qtr.

Cumberland Valley #2358

7/26

$4,000,000.00

1/03/12

0.087%

Qtr.

Central Electric Coop. #2633

7/26

$700,000.00

1/03/12

0.087%

Qtr.

East Central Energy #2472

7/26

$3,708,000.00

12/31/42

3.888%

Qtr.

Verendrye Elec. #2451

7/26

$647,000.00

12/31/42

3.888%

Qtr.

Harrison County Rural #2726

7/27

$1,000,000.00

1/03/45

3.910%

Qtr.

Concordia Electric #2957

7/28

$3,594,138.00

1/02/46

3.952%

Qtr.

Craighead Electric Coop #2743

7/28

$9,825,000.00

1/03/45

3.922%

Qtr.

Owen Electric #2691

7/28

$3,750,000.00

12/31/43

3.894%

Qtr.

Wilkes Tele. & Elec. #851

7/28

$130,901.00

12/31/18

1.557%

Qtr.

Crawford Elec Coop, Inc #2858

7/29

$5,000,000.00

1/02/46

3.924%

Qtr.

Dairyland Power #2607

7/29

$1,296,000.00

1/03/34

3.421%

Qtr.

Gascosage Electric #2466

7/29

$1,377,000.00

12/31/37

3.637%

Qtr.

Roosevelt County Elec. #2861

7/29

$1,052,307.49

1/03/45

3.898%

Qtr.

Sho-Me Power #2615

7/29

$2,500,000.00

12/31/43

3.867%

Qtr.

Springer Electric Coop. #2421

7/29

$1,000,000.00

12/31/42

3.837%

Qtr.

S/A is a Semiannual rate
Qtr. is a Quarterly rate
* maturity extension or interest rate reset or principal rollover